Friday, 30 January 2015
Last updated 9 min ago
Jul 27 2011 | 9:23am ET
Avenue Capital Group has trimmed some fat from its headcount.
The New York-based distressed debt specialist has cut less than 10 jobs from its administrative and accounting staff. According to HFMWeek, the layoffs came after performance reviews and impacted those who did not meet expectations.
The $13 billion hedge fund employs more than 300 people globally.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…